South Korea
South Korea’s home shopping operators embrace mini-programs
South Korea’s home shopping operators embrace mini-programs
These programs mainly introduced the latest trends, particularly in social media.
Shinsegae’s online arm preps up for local IPO
It is expected to debut next year.
Nike launches a concept store in Seoul with sustainability service
Shoppers can drop off gently worn shoes and apparel for recycling or donations.
7-Eleven opens store in Seoul for testing tech solutions
The store will run a facial recognition-based entry management and payment system.
South Korea’s Myeongdong shopping district suffers rising store closures
The vacancy rate in South Korea reached 6.5% for small shops in South Korea.
Shinsegae’s vice chair on a roll with M&A
The company has recently bought an additional 17.5% stake in Starbucks Korea.
South Korea’s food industry bolsters offerings to golfer
Golf courses in the country have been surging in popularity since the pandemic.
South Korea’s food companies ramp up online direct sales
CJ Cheiljedang and Hy saw a sales surge from their direct sales initiatives.
Commentary
This 11.11, the real battle lies in shopper confidence – not the biggest discount